Advocacy - Position Briefs

FAQs from Bond Producers About their Role in the Contract Bond Claims Process

NASBP developed the Frequently Asked Questions from Bond Producers About their Role in the Contract Bond Claims Process in response to the stated interest of its Members, Associates, and Affiliates for many and various educational materials from NASBP.

The document is formatted into FAQs and general guidance responses for bond producers when they are faced with the inevitable and various questions from obligees, principals, claimants, attorneys, and the press. These questions and answers do not provide legal advice, but they do provide illustrative guidance to bond producers.